Announced Fri, 3 Jul · 20:29 IST
Vaishali Pharma allots shares to Kesar Pharma via share swap
Fund Raising View source PDF
VAISHALI · price
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Price reaction · full curve 14 horizons · vs prior close
+1.9%1-day move
₹7.30
prior close
₹7.57
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-3.6———+1.9-0.8-1.4+3.6+8.6+7.5+6.0———
Up moveDown movePending
AI summary
Vaishali Pharma has allotted 45,37,865 equity shares at Rs. 20 each, totalling about Rs. 9.08 crore, to Kesar Pharma Limited on a preferential basis. The shares were issued for non-cash consideration as part of acquiring a 26.95 percent stake in Kesar Pharma. After the allotment, Kesar Pharma holds 3.36 percent of Vaishali Pharma's expanded equity. Paid-up capital has risen from Rs. 26.09 crore to Rs. 27 crore, with total shares now at 13.49 crore.
Likely market impact
Share swap for KPL acquisition causes about 3.36 percent equity dilution but brings a strategic partner with no cash outflow for the company.